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DGRS Maxi-Maxi

How can I become a collator?

#blockchain #cryptocurrency #english #moonbeam
0

16 ответов

15 просмотров
turrizt |NEVER DM YOU FIRST-

Check this guide - https://moonbeam.network/community/collators/

0
04.12.2021
DGRS Maxi-Maxi Автор вопроса
turrizt |NEVER DM YOU FIRST
Check this guide - https://moonbeam.network/commun...

Still unsure about the minimum balance I need to have… is it 1000 MOVR?

0
04.12.2021
turrizt |NEVER DM YOU FIRST-
DGRS Maxi Maxi
Still unsure about the minimum balance I need to h...

Yes, but soon self bond will change to 500 + 100 MOVR. you need to have at least 500 movr tokens for bonding and 100 movr to identity yourself

0
04.12.2021
DGRS Maxi-Maxi Автор вопроса
turrizt |NEVER DM YOU FIRST
Yeap

I did

0
04.12.2021
TrustlessAuthority ⟁-
turrizt |NEVER DM YOU FIRST
Yes, but soon self bond will change to 500 + 100 M...

Is it known how much GLMR is needed to be a collator on Moonbeam?

0
04.12.2021
Combot-
TrustlessAuthority ⟁
Thanks!

TrustlessAuthority ⟁ (1) has increased reputation of turrizt | NEVER DM YOU FIRST (57)

0
04.12.2021
Jonathan-
turrizt |NEVER DM YOU FIRST
110k GLMR

What does a collator do or mean?

0
05.12.2021
turrizt |NEVER DM YOU FIRST-
Jonathan
What does a collator do or mean?

The main purpose of a collator is to produce blocks and support block liveness on the network. From there, collators offer up blocks to validators on the relay chain for finalization.  This is similar to the role of miners in Proof of Work networks but, unlike miners, collator nodes do not contribute to the safety of the network and are critical to liveness, decentralization, censorship resistance, and security.  Essentially, collators work to produce state transition proofs for validators based on the Polkadot and Kusama relay chains and maintain a full node on both the relay chain and parachain in which they operate. This is an opportunity to support the Moonbeam project and gain specialized knowledge while also earning real network rewards, such as Moonbeam’s native utility token, Glimmer (GLMR), and Moonriver’s native utility token, Moonriver (MOVR). 

0
05.12.2021
Jonathan-
turrizt |NEVER DM YOU FIRST
The main purpose of a collator is to produce block...

If someone becomes a collator, is it a lot more work than staking? Do you get better rewards?

0
05.12.2021
Justin-Lee
turrizt |NEVER DM YOU FIRST
The main purpose of a collator is to produce block...

Im interested in becoming a collator. What will the minimum amount of Glmr staked be based on current data and have they set the reward APY for it yet?

0
05.12.2021

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